First MVM-MOL Oil Shipment Diversifies Regional Energy Supply The first joint shipment of Azerbaijani crude oil by the MVM Group and the MOL Group has successfully arrived at... 2025.06.27.
Hundreds of New EV Charging Points to Be Set Up Over two hundred new EV charging points, some of them even suitable for trucks, will be set up at around... 2025.03.04.
New Power Plant to Contribute to Energy Security The contract for the development of the new Combined Cycle Gas Turbine unit of the Mátra Power Plant has been... 2025.02.26.
Kazakhstan Eyes Hungarian Nuclear Energy Technology Astana, the capital of Kazakhstan All the conditions are in place for Hungarian-Kazakh economic cooperation to enter a new level,... 2025.02.18.
Paks Nuclear Power Plant Accounts for Half of Electricity Production The MVM Paks Nuclear Power Plant closed 2024 with the fifth highest production result in its history. The four units... 2025.02.12.
Romanian Nationalists up in Arms over Energy Giant’s Planned Acquisition by Hungarian MVM The planned acquisition of E.ON Energie Romania by Hungary’s state-owned MVM Group (Hungarian Electrical Works Plc.) has sparked significant debate... 2024.12.19.
MVM Acquires Majority Stake in Romania’s Leading Energy Supplier Hungarian MVM Group is set to acquire a majority stake in E.ON Energie Romania, the country’s leading energy supplier, further... 2024.12.17.
Paks Nuclear Power Plant Earns International Praise for Safety Commitment Paks nuclear power plant's commitment to safe and reliable operation has been recognized by an international study, the operating company... 2024.11.22.
Hungarian Acquisition Bid for E.ON’s Romanian Utilities Sparks Concerns Hungarian state-owned energy company MVM is reportedly in discussions to acquire the Romanian utilities business of German group E.ON, a... 2024.10.03.
Tenth Well Drilled in Eastern Hungary Gas Fields MVM Group is drilling its tenth well in the gas fields of Eastern Hungary, the Ministry of Energy said on... 2024.09.12.
Production Starts at the Country’s Newest Natural Gas Field The MVM Group launched a new natural gas exploration and production investment in the Berettyóújfalu area of Hajdú-Bihar County (eastern... 2024.06.19.
Drilling of the Fifth Natural Gas Well in Southeastern Hungary Begins The drilling of the fifth well at the Nyékpuszta deposit (southeastern Hungary, Békés County) began over the weekend, the Ministry... 2024.04.25.
Milestone Reached in Energy Supply, with Gas to Come from Türkiye A historic day in Hungarian-Turkish energy cooperation is approaching on April 1, as natural gas supplies from Türkiye to Hungary... 2024.03.26.
Large-Scale Battery Storage System to Be Built Next to Power Plant Picture for illustration With the announcement of the results of the public tender, the MVM Group's industrial-scale battery construction plan... 2024.03.07.
Natural Gas Exploration Starts at New Site The MVM Group has started exploring for natural gas in the Berettyóújfalu area (eastern Hungary), a new location that has... 2024.02.28.
A Country with Energy Sovereignty Is Free to Decide the Prices, Says State Secretary The Paks nuclear power plant. A free country is free to decide how it provides the energy its citizens need... 2024.01.12.
Modern Power Plant to Boost Northern Hungary’s Economy The power plant in Visonta A combined-cycle gas turbine power plant could be built in Tiszaújváros, northern Hungary, in a... 2023.08.24.
Hungary Pays Six Times More for Russian Gas Than Country’s Residential Consumers Hungary purchased Russian gas at around six times what resindential consumers paid Hungarian state energy company MVM in February, according... 2022.04.26.
FM Szijjártó: Hungary’s Energy Supplies Secure "I would like to reassure all that Hungary's energy supplies are and will remain secure," Péter Szijjárto, Hungary's Foreign Minister,... 2022.04.09.
MVM to Acquire E.ON Regulated Market Electricity Distributor State-owned energy company MVM on Thursday announced an agreement to acquire 100 percent of E.ON Áramszolgáltató, German-owned E.ON's local electricity... 2022.02.25.
Low Utility Tariffs May Cost HUF 2,000 Billion in 2022 Budget Amid the growing prices in the world market, the government's decision to artificially keep utility costs low may cost some... 2022.01.20.
